Empirical Models of Consumer Behavior

Aviv Nevo

No 16511, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Models of consumer behavior play a key role in modern empirical Industrial Organization. In this paper, I survey some of the models used in this literature. In particular, I discuss two commonly used demand systems: multi-stage budgeting approaches and discrete choice models. I motivate their use and highlight some key modeling assumptions. I next briefly discuss key issues of estimation, and conclude by summarizing some extensions.

JEL-codes: C01 L0 (search for similar items in EconPapers)
Date: 2010-10
Note: IO LS PR
References: Add references at CitEc
Citations: View citations in EconPapers (14)

Published as Aviv Nevo, 2011. "Empirical Models of Consumer Behavior," Annual Review of Economics, Annual Reviews, vol. 3(1), pages 51-75, 09.

Downloads: (external link)
http://www.nber.org/papers/w16511.pdf (application/pdf)

Related works:
Journal Article: Empirical Models of Consumer Behavior (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:16511

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w16511

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().